₦airaland Forum

Market today appears to be as dull as NSEMPA.

Jejebabaa:
Oga Mendes, where is our Senior Tolu now. Its been ages we heard from him ooo. Trust he is doing great.

Baba,

If you want to hear from Senior Tolu, use your truck load of cash and push the share price of Fidelity to N3.50 and above. Then you will see him bouncing out.

Hope you are doing great. I heard your "accumulation" no get part 2 for now.

wanaj0:
Bros anything for the boys? Where you waka go since

Happy New Years All of you who don't want to pay school fees again DIARIS GOD OO

If you pay school fees on behalf of all of us, na crime? At least start with HoneyFlour. Honey still full inside the well.

How you dey?

Hopefully panic will set in soon, then me and my family will come for our traditional 10%!

Sir 333, I dey greet Sir.

CP, it's loading gradually.

mendes911:
Once MTN join, the bear run will get stronger across all stocks.

Mcy56, this is my post you have been referring to. Has MTN joined the bear run?

Mcy56:
Oga Mendes we no talk full offer before o, me and you know say it can't be on full offer for now na. Reverse na reverse o.
Chai! I love the percentage gains by the stocks that matters today. When last have some of them gain 3% talkless of 9 or 10%?
ETI 10%, UBA 9.65%, Access 9.48%, UACN 9.45%, Zenith 9.11%, etc.
The bull will likely extend beyond today.

You keep quoting yourself wrongly. Has MTN reversed?

Mcy56:
Mendes don't forget you're owing me, you remembered the talk on MTN reversing and other stocks?

Has MTN reversed yet?

Wait till MTN start hitting full offer, then you can revert back and tell me the effect on other stocks.

PETERiCHY:
You forget to add FLOURMILL @ N13:50k

Wait till the day Flourmill will gain!

locodemy:
@Tritri,now you r done selling off your huge units of Transcorp at no profit,what do you intend doing with the money?Which stock are you intending to buy?

I wonder why you decided to take that unnecessary action when the trend is generally bearish......


Sometime in this year,you will say another had I known......

Why will you say to 333 when Transcorp touches N1.00 later in the year?

RabbiDoracle:
People have not learnt lessons on new listing. We learnt ours in 2007 and now when you are at Ojuelegba and say " I"...., we are already at Yaba thinking you want to complete the "PO".

What about those Private Placement? Na the PP's hurt me pass till date.

Agbalowomeri:
52 week lows begat more 52 week low
The trend is very bearish, take note

Sir Intendy might have a longer list today.

Mcy56:
I know it cant be so soon but it will still happen - people like Loco still needs to taste the Aroma of the soup MTN is cooking.
I think the price will first settle at 150N before going backward.

I was referring to your mention of "undervalued stocks".

Mcy56:
and some other undervalued stock.....contrary to Mendes opinion.

Wait make day break for East Coast naaaa. Don't count your chickens yet.

Also, I said when MTN reverses. Has that happened yet?

Sir Peter jumped into MTNN yesterday and it stopped it's bull run today. Peterichy's factor never disappoints.

..

DeRuggedProf:
Is it available EVERYWHERE YOU GO yet?

LOL.

1.5B naira already trapped there today.

Whatever happened to N500 per share.

MTNN now available.

Agbalowomeri:
Add other people's wisdom join your own otherwise na NSE go knock sense into u

It's more profitable to learn from other people's mistake than your own mistake.

Mcy56:
Lol.

Pa Emma, welcome in advance sir.

Welcome back from where? When WAPCO dey #9ish and Flourmills is #14ish.

This NSE can be so unforgiving shaaa.

#RunsAway.

Intendy:
Stocks with new 2 week lows

Lafarge wapco #10.00k
Zenith #19.00k
Uba #5.70k
Champion brewery #1.10k
Ucap #2.30k
Nestle #1,320.00k
ETI #9.15k
Law union #0.40k

Stocks with new 52 week highs
Mtn #144.85k
Thomas Wyatt #0.40k

I knew you will be back!

Welcome back.

DeRuggedProf:
The opposite is most likely.
Money will be freed to chase other stocks.
Where do you think 'excess' of the money made is going?
Brokers will first flood the market with offers where they want to enter and scare people to bring out volume.
Brokers will soon start preaching valuations where they entered for a second round of dumping, then go back to MTNN....
That is how the game is played.
Watch out for stocks that pay interim dividend, harvest time is not too far.
They will wait patiently and pump them....

Money that will be soaked and tied down in MTNN?

Let's see how it plays out shaaa. I can be very very wrong.

Yayira:
Ok..

If you had refreshed after immediately after 2.30pm, you would have seen the bids show up (though not all) and then gradually get expired.

Mcy56:
I dont think so. Bear run'll be weaker instead.
MTN worsen the situation instead of making it better, once its available things will start taking shape. Thats my opinion.

Ripple effect will surely set in. That's my belief though.

Yayira:
Jesus!! MTN now available..! 600,000 offer!

NSE ! ! !

What happened to km 300 ?

Not really on OFFER. It's for imbalance trade (happens between 2.20pm - 2.30pm), there are still several bids that won't show up at this stage.

Mcy56:
Dumping already started small small for mtn. Na one set of people go carry kaya las las.

Once MTN join, the bear run will get stronger across all stocks.

Come on Zenith. We can do #17.55 today. Be strong.

Busy picking my teeth and waiting for panic to set in.

If you know you know.

DeRuggedProf:
Your portal is down?
Pls refresh it....
Over 25m bids still active and increasing.
Anytime, the mentioned stocks are sold, MTN bids rise...
Observe carefully.

I have been telling Mcy56 that Morgan Capital keeps messing up their feed. LOL.

Mcy56:
Guess its same thing that's affecting others....only that one would feel it harder than another.

How can you compare what's affecting WAPCO to that of Zenith? WAPCO that's yet to release their loss after tax results for FY 2018 and Q1 2019.

Tolktob:
sir mendees,your prayer is gradually being answered .

Why would I go after a prostitute when virgins are available? Will I see Zenith at N16 and still look towards WAPCO (unless they hit N4 shaa)?

Sincerely, WAPCO should be the worst performing stock till date. From N42 down to N9.20 within 365 days.

Jejebabaa:
Wow, Wapco is trading at 52 weeks low of 10.20 from 8 Euros or was it 80 naira.
Can someone tell me the fair value of this stock pls.

Fair price? For a company that their management is scared of releasing FY 2018 result, citing audit matters. LOL.

Mcy56:
GTB 13M bids against 1M+ offers.......the fugaz committee chairman leading by example already?? We're watching.

Did anyone notice that the quantities of Mtn bids is not reducing despite the trading going on?

Remember what I told you about Morgan Capital (sometimes) not showing more than 100 bid lines. That might distort your readings.

Jejebabaa:
Omo mehn, its unbelievable i was able to get good units of FCMB at 1.56, it means it will still go back to its 52 weeks low of 1.32

Baba, you get mind ooo....